St. Margaret s Health CEO Tim Muntz blames a bank maneuver for the closure of a hospital in Spring Valley, IL. The bank swept nearly $7.3 million in funds
St. Margaret’s Health filed for Chapter 11 bankruptcy Thursday and disclosed at least 1,000 creditors who are owed not less than $10 million but not more than $50 million.
With hours before St. Margaret’s Health-Spring Valley was closed for good, dozens of displaced workers, retirees and supportive residents steadily filled the south parking lot Friday for hugs, tears and thanks.
St Margaret s hospital in Spring Valley will close at 11:59 p m June 16: Here s what you need to know – Shaw Local shawlocal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shawlocal.com Daily Mail and Mail on Sunday newspapers.